Business & Finance
Sonardyne Adds New Managing Director
Sonardyne International has appointed Graham Brown as its new managing director. Graham, who takes over the role from John Ramsden on April 01, has served on Sonardyne International’s board from 2008, most recently as sales and marketing director and deputy managing director. John, who has been Sona
Jenkins Marine Acquires Dredger C.H. Horn
Jenkins Marine Ltd. has just announced the purchase of the grab hopper dredger C.H. Horn from the Poole Harbor Commissioners (PHC). This is a significant investment in the dredging fleet for Jenkins Marine who have now secured a new ten-year contract to perform dredging services and provide marine s
Stena Line to Axe 950 Jobs in Response to Coronavirus Impact
Stena Line has unveiled its plans to lay off 950 workers in Sweden.
Exmouth Tidal Defense Scheme – Completion Set for Spring 2021
Work on the £12 million Exmouth tidal defense scheme will stop over the summer holiday period to minimize disruption for residents and visitors, informs the Environment Agency. According to the update, construction will restart in September with a focus on Alexandra Terrace junction and the improved
East Pass Dredging Begins
After years of trying to dredge the East Pass, the Army Corps of Engineers – in partnership with the City of Destin and Okaloosa County – is beginning the dredging operations on the navigational channel under a joint FDEP Permit issued to the City and County. The project is expected to take approxim
UAE Bans MSC-Operated Boxship for Violating Carriage Ban
FTA has banned the Panama-flagged containership MSC Joanna from operating in UAE waters and ports.
Pict Offshore to Expand Production of Ladder-Less Offshore Wind Access System
Pict Offshore has received a GBP 250,000 Regional Selective Assistance grant from Scottish Enterprise to expand production of the Get Up Safe (GUS) ladder-less access system at its site in Inverkeithing, Fife. The Get Up Safe system is a motion-compensated hoist solution that enables technicians to
PetroNor taking cost-saving measures amid low oil price environment
PetroNor E&P is taking a number of cost-saving measures to ensure the company is appropriately structured in the current low oil price environment.
Cruise Berth Piling Complete at Lyttelton Port
Lyttelton Port is one step closer to welcoming the world’s largest cruise ships to Canterbury with all piling complete on New Zealand’s first purpose-built cruise berth. Since late 2018, 66 marine and 384 land-based piles totaling almost 10 kilometers have been driven in the project, ensuring the st
EU Sets Aside EUR 980 Million for Clean Energy Infrastructure
The European Commission has released EUR 980 million of funding for key European energy infrastructure projects with major cross-border benefits. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure. This is seen as a crucia
Frontline Wraps Up Acquisition of 10 Suezmaxes from Trafigura
Frontline has closed the acquisition of 10 Suezmax tankers from Trafigura Maritime Logistics.
Schilling Point Dredging Proposed
The U.S. Army Corps of Engineers’ Norfolk District is seeking public input on a Virginia Beach City Government proposal to mechanically dredge a Saw Pen Point neighborhood tributary to provide residents with navigation access. The Schilling Point SSD project is located in a tributary to the Lynnhave
Noble Corporation replaces CFO after only three months
Offshore drilling contractor Noble Corporation has named a replacement for its departing chief financial officer (CFO).
TechnipFMC Hits Separation Pause Button
TechnipFMC said on Sunday it will put off its planned separation into TechnipFMC and Technip Energies as market conditions have changed materially due to the COVID-19 pandemic. The company said it believes that the sharp decline in commodity prices, and the heightened volatility in global equity mar